Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents (including restricted cash of $16 and $14, respectively)	$ 117	$ 393
Short-term investments	10	7
Accounts receivable (net of allowance for doubtful accounts of $16)	725	601
Inventories:
Finished and in-process goods	301	257
Raw materials and supplies	135	103
Other current assets	78	72
Total current assets	1,366	1,433
Investment in unconsolidated entities	49	45
Deferred income taxes	18	21
Other assets, net	128	134
Property and equipment
Land	88	88
Buildings	305	308
Machinery and equipment	2,449	2,427
Property, plant and equipment, gross	2,842	2,823
Less accumulated depreciation	(1,783)	(1,776)
Property, plant and equipment, net	1,059	1,047
Goodwill	122	112
Other intangible assets, net	85	82
Total assets	2,827	2,874
Current liabilities
Accounts and drafts payable	504	483
Debt payable within one year	128	109
Interest payable	90	83
Income taxes payable	18	12
Accrued payroll and incentive compensation	63	47
Other current liabilities	118	127
Total current liabilities	921	861
Long-term liabilities
Long-term debt	3,706	3,665
Long-term pension and post employment benefit obligations	209	234
Deferred income taxes	21	21
Other long-term liabilities	154	163
Total liabilities	5,011	4,944
Deficit
Common stock—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at June 30, 2014 and December 31, 2013	1	1
Paid-in capital	525	522
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Accumulated other comprehensive income	(56)	(21)
Accumulated deficit	(2,357)	(2,275)
Total Momentive Specialty Chemicals Inc. shareholder’s deficit	(2,183)	(2,069)
Noncontrolling interest	(1)	(1)
Total deficit	(2,184)	(2,070)
Total liabilities and deficit	$ 2,827	$ 2,874